Condo34 New Launches Most Likely To Have Developer Discounts

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  • May 16, 2020
  • 4 min read

Sean

Sean has a writing experience of 3 years and is currently with Stacked Homes focused on general property research, helping to pen articles focused on condos. In his free time, he enjoys photography and coffee tasting.

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Kelvin
Kelvin

Hi Sean, saw Daintree in the list with 23% margin and was wondering what about View at Kismis which is selling around 1650psf. Any views on this project? Appreciate it.

Choo Ting
Choo Ting

Hey Sean thanks for the list. I’ve been looking at Meyer Mansion for some time (> 14 floor) but pricing is a little too high. Saw that the take-up rate quite low and the margins quite high, any thoughts on this project? Thanks.

Tan
Tan

Hi Choo Ting, indeed Meyer Mansion has been priced higher (avg $2800 psf) due to its proximity to the city centre. A more affordable and ready alternative would be Coastline Residences which is in the ballpark of $2500psf and will achieve TOP status earlier in end-2022 (vs 2024 for MM). Kindly contact me at 88036257 for more information.

Oliver
Oliver

Any chance of Dairy Farm Residences having discounts soon? Have been eyeing this for a while. Thanks.

Chan Terry
Chan Terry

Hi Sean, I saw the markup % for Jadescape is more than 30%. What is your view on the appreciate over the next few years? Is the selling price tomorrow price?

Andrew
Andrew

Any chance Parc Clematis will have discounts? What are your thoughts on this project?

John
John

Hi Sean, whats your opinion on Penrose and Clavon, which one do you think is a better buy and why ??
Sincerely appreciate your kind sharing.

David
David

Thanks Sean. I didn’t see JadeScape in this list while i thought their estimated margin is high. Any reason?

Lyndy Mok
Lyndy Mok

Hi Sean, do you think we should not buy now, wait for developer discount?

Georgina
Georgina

Do you think there’ll be discounts for Leedon Green? The margin seems pretty low and they launched not long ago..

Tan
Tan

Hi Georgina, the developer has an ongoing promotion for selected units (different unit types, mid-floor and below) with a discount of about 2%. However, do note that when purchasing new condo developments, you will always get the best price when you buy it during the launch phase (and within a year of launch). At the same time, you have a bigger pool of units to shortlist and ultimately choose. You may have seen some developers offering say 5% discount for a development some years after launch but do not forget the earliest buyer had already bought them say 8-10% lower.… Read more »

David
David

Hey Sean,

I’m sorry if I miss it, but did you also do a list on projects approaching their 5 years time limit with good num of inventory left to sell?

Seet
Seet

Sean would Fourth Ave do you think there’d be any more discounts soon? Thanks

Victor Lim
Victor Lim

hi Sean, what is your opinion on Penrose? and any potential National Day discounts from developers?

KC
KC

Hi Sean,

What’s your view on The Gardens Residences?

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